For beginners, to start forex trading may seem very complicated and confusing, to the point that only smart people can be successful.

In fact, if you know the steps, you will know that starting forex trading from scratch can be done by anyone. It can be done 24 hours, 5 days a week, wherever you are, as long as you have a PC/Laptop/Smartphone and a smooth internet connection.

In summary, how to start trading forex online can be sorted into the following five steps. Just follow one by one from the beginning while continuing to improve your knowledge about forex, later you will slowly understand the technicalities.

Open an Account to Start Forex Trading

A forex trading account is provided by a broker who serves as a liaison between you as a trader and the forex market. 

You can think of this forex trading account as a bank savings account. If you have a bank account, then you will be able to save funds in that account for later withdrawal.

After opening a forex trading account to start forex trading, you will also be able to put funds into the account, then use the money deposited for forex trading, then later it can be withdrawn plus the profits if you are successful.

Because you will be depositing funds into an account provided by a broker, from the beginning the selection of a broker must be done carefully. Most beginners are trapped by the promises of fraudsters under the guise of brokers, so instead of being successful, they go bankrupt.

Make sure you open a trading account at the best forex broker, which has a clear office address, has an operating license from an authorized government agency, and has a good reputation.

The next criterion, choose a forex broker that determines the minimum deposit requirements so that you can start practicing forex trading from a young age. There's nothing wrong with asking for recommendations from your colleagues who may be more experienced.

However, do not easily believe in the promise of super large profits, because the broker only acts as a trading facilitator, so it is impossible to guarantee profits, no matter how big.

After finding the best and most trusted broker such as Didimax forex broker, go to the broker's website. Look for the “Open Demo Account” or “Register Trading Account” menu. After clicking on the menu, fill out the form that appears.

Generally, the trading account registration form will ask you to fill in your full name, residential address (according to your ID card), an active email, and/or mobile phone contact.

Verify Your Account 

Because it is done online, opening a trading account is usually completed in a matter of minutes. After that, you will immediately be able to simulate trading using the demo account details sent by the broker via email. 

However, the temporary account status has not been verified. If you want to trade for real (don't practice on a demo account first), you will be asked to verify to start forex trading.

Usually the verification process requires you to upload a photo or scan your ID/Passport/Driving License as proof of identity, as well as scan your savings book/electricity bill slip/water bill slip/other bills as proof of residence.

It's a good idea to prepare these documents before starting the verification process so that it can be completed quickly.

After the registration process is complete, even though it has not been verified, you can already get the details of your username, password, and a link to download the trading software.

There are also brokers who do not directly send a download link but require you to log in to the Member Area, only then can find a platform to download and install. In the Member Area, you can also verify your account, manage deposits and withdrawals, and more. 

Besides being sent in the broker's email and placed in the Member Area, a link to download the trading platform can also be obtained from the broker's website to start forex trading.